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health care law which is big part of that. the obama administration says the fee is only temporary. they believe that costs overall will lower, over time and then they will be able to phase that out in 2017, unless congress decides to extend the fee if those cost savings don't seem to materialize. if history is any guide congress almost never finds parting with new taxes very easy. several large companies will end up paying tens of millions of dollars in the fee. maybe a few hundred dollars for the small firms. most will get passed on to workers. it is a tax increase no matter how you look at it really. [shouting] gregg: well there you see it. this is brand new videotape from lansing, michigan, moments ago. you have thousands of union protesters angry over a new law about to be passed by the legislature there. this is the rotunda inside. and the governor is going to sign it, which will turn michigan into a right-to-work state. now supporters of right to work say this is going to attract businesses. it is going to encourage investment. it will allow workers to choose whether they wa
a high-risk test like this with so many eyes watching? bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of proportional sanctions being considered at the security council should north korea test. but it's clear that is not going to change the trajectory of north korea's per suit of a nuclear program. bill: steven yates, thank you. we are watching this, sometime we believe in the coming days to 10 days. here's martha. martha: $120 million to develop the next electric car battery. it's not an independent venture. you are paying for it. the u.s. taxpayer. we'll tell you about the government's latest gamble with your money. bill: one man' home survived superstorm sandy. but it did not make it through the recovery. >> the township didn't know what happened. i called the governor' office and she said to me, are you sure your house is gone? i said, miss, you miss place a pen or pencil, you don't miss place a house. ♪ i wish my patits could see what i see. ♪ that over time, h
difficult for egyptian opposition parties to get access to our ambassador, senior leaders from the obama administration. bill: if you read the "time" magazine article that has morsi on the cover this week -- >> right. bill: it says morsi is heartened by the show of protests because this means cord -- according to his people that democracy is working. democracy is defined a lot of different ways around the world as we found out the past decade. he said this. egyptians will pass through this. we are learning he said, we are learning how to be free. i don't know how president morsi defines the word free, do you? >> not the same way i do. look if those words had come from someone else, if those words had come from one of the leaders of opposition parties i would take them to heart and i would think they are actually correct. not from president morsi. what we've seen particularly with his power grab and with the kind of constitution he is pushing is precisely the opposite of democracy. we're seeing egypt move the opposite way. the revolution we saw just over two years ago or just under two ye
for. that will cost every single individual $63 a year. now the obama administration says that the fee will only be temporary. that it will phase out in 2017 because of all savings will be enjoyed by the health care plan overall. unless of course congress decides to extend it which they usually do, right? matt mccall joins me, president of the penn financial group. 63 bucks a head. that is not pocket change. >> no it's not. a lot of people say, what is $63. i spend that on dinner or a christmas present. what they don't realize multiply that by everybody out there that becomes a very, very large number. martha: right. >> as you mentioned a moment ago everybody has to pay for something. this will get passed down to employers which then will most likely pass it down to employees. most employers are trying to cut margins as much as possible to try to make them. when it comes to end of the day, you know what, this is part of obamacare. nothing i can do about it. it will be passed on to you. that will probably hurt wages of you and i. $63 will probably not change anybody's life. but when tha
Search Results 0 to 4 of about 5 (some duplicates have been removed)